Beck Capital Management LLC Sells 17,543 Shares of Invesco S&P 100 Equal Weight ETF $EQWL

Beck Capital Management LLC reduced its stake in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 36.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,131 shares of the company’s stock after selling 17,543 shares during the quarter. Beck Capital Management LLC owned about 0.16% of Invesco S&P 100 Equal Weight ETF worth $3,560,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Reicon Wealth Advisors LLC purchased a new position in Invesco S&P 100 Equal Weight ETF during the fourth quarter valued at $29,682,000. Thrivent Financial for Lutherans bought a new position in shares of Invesco S&P 100 Equal Weight ETF during the fourth quarter valued at $21,877,000. Ameriprise Financial Inc. increased its holdings in shares of Invesco S&P 100 Equal Weight ETF by 60.1% during the second quarter. Ameriprise Financial Inc. now owns 444,410 shares of the company’s stock valued at $48,864,000 after acquiring an additional 166,901 shares in the last quarter. LPL Financial LLC raised its position in shares of Invesco S&P 100 Equal Weight ETF by 9.7% in the 4th quarter. LPL Financial LLC now owns 1,765,365 shares of the company’s stock worth $208,596,000 after purchasing an additional 156,725 shares during the last quarter. Finally, Argent Advisors Inc. purchased a new position in shares of Invesco S&P 100 Equal Weight ETF in the 4th quarter worth about $10,400,000.

Invesco S&P 100 Equal Weight ETF Price Performance

Shares of Invesco S&P 100 Equal Weight ETF stock opened at $128.52 on Friday. Invesco S&P 100 Equal Weight ETF has a 1 year low of $105.99 and a 1 year high of $128.91. The firm’s 50-day moving average is $123.46 and its 200 day moving average is $120.66. The stock has a market cap of $2.60 billion, a price-to-earnings ratio of 20.16 and a beta of 0.89.

Invesco S&P 100 Equal Weight ETF Profile

PowerShares Fundamental Pure Large Core Portfolio (the Fund), formerly PowerShares Dynamic Large Cap Portfolio, is based on the RAFI Fundamental Large Core Index (Index). The Fund will invest at least 90% of its total assets in the securities that comprise the Index. The Index is consisted of common stocks of large core United States companies, including real estate investment trusts (REITs), from a universe consisted of the 2,500 largest United States companies. The Fund invests in sectors, such as consumer discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials, telecommunication services and utilities.